Captain Hindsight reporting in: BTC break down from smaller symmetrical triangle, with measured move accurately hit. Set buy orders in the 10375 region, which were filled. Interestingly, (to me anyway) unlike recent breakdowns, no buyers stepped in to keep the price held up.
The overall, symmetrical triangle from previous break-up candle still intact.
Breaking up would bring us back to an area of past price action during 2017-18 run to ATH.
Breaking down could bring us back to the break up candle from 05/2109, and fulfill the "all futures gaps must fill" prophecy.
Right now looking for the RSI+EMA to keep bouncing off the bearish control zone as it has since FEB2019.
Medium term, lotta sideways action within a narrow price range. Longer-term TBD.
Not fancy, not incredibly technical, but its what I know. Keeping it simple has been working out pretty good for me.
Will keep a close eye to see if this is invalidated or if we play it out. Please!!! Let me know what you think! Share your targets, and plays.
BSB out.
PS. If you like money, please don't take this as financial advice. And if you hate money, message me I'll take your bags.
The overall, symmetrical triangle from previous break-up candle still intact.
Breaking up would bring us back to an area of past price action during 2017-18 run to ATH.
Breaking down could bring us back to the break up candle from 05/2109, and fulfill the "all futures gaps must fill" prophecy.
Right now looking for the RSI+EMA to keep bouncing off the bearish control zone as it has since FEB2019.
Medium term, lotta sideways action within a narrow price range. Longer-term TBD.
Not fancy, not incredibly technical, but its what I know. Keeping it simple has been working out pretty good for me.
Will keep a close eye to see if this is invalidated or if we play it out. Please!!! Let me know what you think! Share your targets, and plays.
BSB out.
PS. If you like money, please don't take this as financial advice. And if you hate money, message me I'll take your bags.